Mediterranean Journal of Social Sciences, Vol 6 No 4 S4, August 2015, Aug 2015
The article presents findings of an empiric sociological survey of corporate governance at middle... more The article presents findings of an empiric sociological survey of corporate governance at middle-sized industrial corporations
in Russia. Evaluation of the effect of a market, federal law, internal corporate standards, and actions of corporate governance
bodies on control and alignment of interests of participants of corporate governance has been given. Based on a contentanalysis
technique, which was applied to annual statements of middle-sized industrial corporations, formation of an insider
model of corporate governance, approval of major owners at the corporate governance bodies, who are usually chairpersons of
the Board of Directors and general managers of such companies, has been confirmed. A degree of focus on interaction with
main stakeholder groups, such as consumers, customers, suppliers, personnel, partners and banks, and governmental
authorities was discovered in the course of survey. According to the survey, the corporate law is the primary regulator of
corporate relations, internal corporate standards and rules are hardly demanded, and non-formal relations with representatives
of the governmental structures take an important place, and behaviour motivation is defined by rational profit motives. Activity
of corporate governance bodies is formalized, ensuring solutions for matters of procedure. Evaluation of the corporate
governance at middle-sized industrial corporations was obtained by way of a questionnaire survey. The level of agreement of
interests of their parties was discovered. This article presents a detailed analysis of the matter of conflicts of participants of
corporate relations, ways of overcoming such conflicts, based on defining priorities in fulfilling interests of participants of
corporate governance. The respondents measure the level of corporate governance at middle-sized corporations as
satisfactory and corresponding to interests of main participants of corporate relations.
Mediterranean Journal of Social Sciences, Vol 6 No 4 S4, August 2015, Aug 2015
The article presents findings of an empiric sociological survey of corporate governance at middle... more The article presents findings of an empiric sociological survey of corporate governance at middle-sized industrial corporations
in Russia. Evaluation of the effect of a market, federal law, internal corporate standards, and actions of corporate governance
bodies on control and alignment of interests of participants of corporate governance has been given. Based on a contentanalysis
technique, which was applied to annual statements of middle-sized industrial corporations, formation of an insider
model of corporate governance, approval of major owners at the corporate governance bodies, who are usually chairpersons of
the Board of Directors and general managers of such companies, has been confirmed. A degree of focus on interaction with
main stakeholder groups, such as consumers, customers, suppliers, personnel, partners and banks, and governmental
authorities was discovered in the course of survey. According to the survey, the corporate law is the primary regulator of
corporate relations, internal corporate standards and rules are hardly demanded, and non-formal relations with representatives
of the governmental structures take an important place, and behaviour motivation is defined by rational profit motives. Activity
of corporate governance bodies is formalized, ensuring solutions for matters of procedure. Evaluation of the corporate
governance at middle-sized industrial corporations was obtained by way of a questionnaire survey. The level of agreement of
interests of their parties was discovered. This article presents a detailed analysis of the matter of conflicts of participants of
corporate relations, ways of overcoming such conflicts, based on defining priorities in fulfilling interests of participants of
corporate governance. The respondents measure the level of corporate governance at middle-sized corporations as
satisfactory and corresponding to interests of main participants of corporate relations.
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in Russia. Evaluation of the effect of a market, federal law, internal corporate standards, and actions of corporate governance
bodies on control and alignment of interests of participants of corporate governance has been given. Based on a contentanalysis
technique, which was applied to annual statements of middle-sized industrial corporations, formation of an insider
model of corporate governance, approval of major owners at the corporate governance bodies, who are usually chairpersons of
the Board of Directors and general managers of such companies, has been confirmed. A degree of focus on interaction with
main stakeholder groups, such as consumers, customers, suppliers, personnel, partners and banks, and governmental
authorities was discovered in the course of survey. According to the survey, the corporate law is the primary regulator of
corporate relations, internal corporate standards and rules are hardly demanded, and non-formal relations with representatives
of the governmental structures take an important place, and behaviour motivation is defined by rational profit motives. Activity
of corporate governance bodies is formalized, ensuring solutions for matters of procedure. Evaluation of the corporate
governance at middle-sized industrial corporations was obtained by way of a questionnaire survey. The level of agreement of
interests of their parties was discovered. This article presents a detailed analysis of the matter of conflicts of participants of
corporate relations, ways of overcoming such conflicts, based on defining priorities in fulfilling interests of participants of
corporate governance. The respondents measure the level of corporate governance at middle-sized corporations as
satisfactory and corresponding to interests of main participants of corporate relations.
in Russia. Evaluation of the effect of a market, federal law, internal corporate standards, and actions of corporate governance
bodies on control and alignment of interests of participants of corporate governance has been given. Based on a contentanalysis
technique, which was applied to annual statements of middle-sized industrial corporations, formation of an insider
model of corporate governance, approval of major owners at the corporate governance bodies, who are usually chairpersons of
the Board of Directors and general managers of such companies, has been confirmed. A degree of focus on interaction with
main stakeholder groups, such as consumers, customers, suppliers, personnel, partners and banks, and governmental
authorities was discovered in the course of survey. According to the survey, the corporate law is the primary regulator of
corporate relations, internal corporate standards and rules are hardly demanded, and non-formal relations with representatives
of the governmental structures take an important place, and behaviour motivation is defined by rational profit motives. Activity
of corporate governance bodies is formalized, ensuring solutions for matters of procedure. Evaluation of the corporate
governance at middle-sized industrial corporations was obtained by way of a questionnaire survey. The level of agreement of
interests of their parties was discovered. This article presents a detailed analysis of the matter of conflicts of participants of
corporate relations, ways of overcoming such conflicts, based on defining priorities in fulfilling interests of participants of
corporate governance. The respondents measure the level of corporate governance at middle-sized corporations as
satisfactory and corresponding to interests of main participants of corporate relations.